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This Top Growth Stock Just Became a Screaming Buy

TheMotleyFool

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This Top Growth Stock Just Became a Screaming Buy

Applied Materials (NASDAQ: AMAT) became the latest company to fall prey to the global chip shortage as its revenue and earnings failed to meet Wall Street expectations thanks to supply chain woes. Shares of the semiconductor equipment manufacturer fell more than 5% after the release of its fiscal 2021 fourth-quarter results on Nov. 18, bringing a pause to the stock's terrific rally.